Punjab revenue

03 May

Punjab Government Sees Strong Revenue Growth as VAT and Development Tax Collections Surge

Gurpreet Singh0 CommentsPunjabHarpal Cheema, PSDT surge, Punjab finance, Punjab revenue, Revenue growth, Tax collection, VAT growth

Chandigarh (Gurpreet Singh): Highlighting a major milestone in the state's revenue generation, Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Sunday announced that the state has recorded a significant financial boost for April 2026, driven by an impressive double-digit surge in both Value Added Tax (VAT) and Punjab State Development Tax (PSDT) collections. The Finance Minister said, "The state successfully secured approximately ₹265 crore in combined supplementary revenue from these two sectors, an achievement driven entirely by enhanced monitoring mechanisms, stringent enforcement protocols, and a transparent tax administration framework." Sharing the comprehensive details of this financial success, Finance…

03 Mar

Punjab Emerges as Top-3 State in Revenue Growth; Own Tax Collection Hits Rs 57,919 Crore

Gurpreet Singh0 CommentsPunjabAAP Punjab, Excise collection, Harpal Singh Cheema, Punjab revenue, State GST

Chandigarh (Gurpreet Singh): Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Tuesday said that under the leadership of the Aam Aadmi Party (AAP) government, Punjab has emerged among the top three states in the country for remarkable achievements in revenue growth, asserting that the state’s financial performance over the past four years reflects structural reform, fiscal discipline and administrative transparency. Addressing a press conference at Punjab Bhawan, Harpal Singh Cheema presented detailed data to underline what he described as a decisive turnaround in Punjab’s fiscal health. Addressing a press conference, Finance Minister Harpal Singh Cheema said, “Punjab’s own…